18707 Venture DR
About This Property
Point Venture is a 45 minute drive to down town Austin & the village has some of the best amenities around: Waterfront Park, 2 Boat Ramps, Playground, Pavilion, Basketball & Badminton Court, Fishing, Floating Restaurant, Golf Course, 2 Dry Storage Areas for boats/RVs/trailers, Marina: boat slips & gas, Tennis Courts, Frisbee Golf, Pickle Ball, Gym, Library, Meeting Room, July 4th Parade & Festivities, Meal Get Togethers, Book Clubs, Live Music Venues, Trivia Nights, Bunko & so much more!!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Price Decreased |
$629,000
↓ $171K
(21.4%) | |
| Price Decreased | |||
| Feb 24, 2024 | Price Decreased |
$799,999
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Feb 11, 2024 | Price Decreased |
$815,000
↓ $24K
(2.8%) | |
| Price Decreased | |||
| Feb 8, 2024 | Price Decreased |
$838,499
↓ $500
(0.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017